| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS PREPARED BY AN ACCOUNTING FIRM AND REVIEWED BY THE CHIEF EXECUTIVE OFFICER. THE DRAFT FORM 990 IS PROVIDED TO THE BOARD OF TRUSTEES PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | ON AN ANNUAL BASIS, ALL INDIVIDUALS TO WHOM THE CONFLICT OF INTEREST POLICY APPLIES (ALL OFFICERS, DIRECTORS, VOLUNTEERS, AND KEY EMPLOYEES) ARE PROVIDED WITH A COPY OF THE POLICY AND ARE REQUIRED TO COMPLETE AND SIGN AN ACKNOWLEDGEMENT AND DISCLOSURE FORM. |
| FORM 990, PART VI, SECTION B, LINE 15 | WOODLEY HOUSING CORPORATION (WHC) AND WOODLEY HOUSE, INC. (WHI) SHARE OFFICE SPACE, EMPLOYEES AND RELATED OFFICE EXPENSES UNDER A MANAGEMENT SERVICE AGREEMENT. WHI'S EXECUTIVE COMMITTEE EVALUATES THE EXECUTIVE DIRECTOR'S SALARY ANNUALLY AND AUTHORIZES ANY SALARY CHANGE BASED ON INFORMATION FROM OTHER SIMILAR NON-PROFITS AND CONSULTANTS. HOWEVER, WHI DOES NOT HAVE A PROCESS FOR DETERMINING THE COMPENSATION OF ITS OFFICERS OTHER THAN THE EXECUTIVE DIRECTOR. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XII, LINE 2C: | THE ORGANIZATION DID NOT CHANGE EITHER ITS FINANCIAL STATEMENT AUDIT OVERSIGHT PROCESS OR INDEPENDENT AUDITOR SELECTION PROCESS DURING THE TAX YEAR. |
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